240 E Illinois St #502, Chicago, IL 60611
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Property image
OFF MARKET

240 E Illinois St #502
Chicago, IL 60611

Streeterville
  • 1 Bed
  • 1 Bath
  • 933 sqft

$358,200

Trulia Estimate
as of Aug 4, 2026
Est. Refi. Payment $2,520/mo*
Refinance Your Home

$358,200

Trulia Estimate
as of Aug 4, 2026
Est. Refi. Payment $2,520/mo*
Refinance Your Home
1 Bed
1 Bath
933 sqft

Local Information

  • Map ViewExplore the area around 240 E Illinois St #502.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Apartment
Living Area
933 sqft
Price/Sqft
$384

About this House

**AVAIL OCTOBER 15TH** Live in the Heart of Streeterville in this 1bed/1bath Condo! Modern kitchen w/42in cabinets, SS appliances, Granite countertops, & breakfast bar. Open living room is perfect for entertaining. Bonus space off the living room is ideal for working from home! Floor to ceiling windows flood the unit w/ natural light. Private south facing balcony gets great City views! Primary bedroom includes closet w/ custom shelving & wall safe. Gorgeous hardwood floors throughout! In unit washer and dryer! Everything included in rent besides electricity! Parking available from other owners. Full amenity building w/ doorman, storage, fitness center, pool, community room, dog run, garden/patio area, & more! Walk to the loop or take the Michigan bus for a quick commute. Easy access to LSD. Step outside your door to Whole foods, Starbucks, Chicago River Walk, Michigan Ave shopping, Restaurants, Nightlife, & Everything Streeterville has to offer!

1 month security deposit. Renter's insurance is required. 700 credit score min. Everything besides electric is included in the rent. Building has a $400 move-in and $400 move-out fee along with $250 deposit each way, $250 processing fee, $300 lease admin fee, and a$100 security guard fee.
240 E Illinois St #502, Chicago, IL 60611 is a 1 bedroom, 1 bathroom, 933 sqft apartment in Streeterville. It last sold for $323,888 on Mar 8, 2019 (11,896% above the $2,700 asking price). More recently, it was listed as a rental in September 2024 with an asking price of $2,700 per month. That rental listing was removed on November 19, 2024. It is currently off market. The Trulia Estimate is $358,200, with a rent estimate of $3,122/month.

Home Details for 240 E Illinois St #502

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: 1 Year

Interior Features

Appliances & Utilities
DryerWasher
Heating & Cooling
Air ConditioningCooling System: Central Air
Levels, Entrance, & Accessibility
Floors: Hardwood

Price History for 240 E Illinois St #502

DatePriceEventSource
11/19/2024$2,700ListingRemovedZillow Rentals
09/20/2024$2,700Listed For RentZillow Rentals
03/13/2023ListingRemovedZillow Rentals
02/24/2023$2,700Listed For RentZillow Rentals
04/14/2022ListingRemovedZillow Rental Manager
01/12/2022$2,700PriceChange
Zillow Rental Manager
01/10/2022$2,990PriceChange
Zillow Rental Manager
01/09/2022$3,200Listed For RentZillow Rental Manager
08/19/2021ListingRemovedZillow Rental Manager
08/16/2021$3,242Listed For RentZillow Rental Manager
03/08/2019$323,888Sold
MRED as distributed by MLS GRID #10162454
01/13/2019$323,888PendingAgent Provided
01/02/2019$323,888PriceChange
Agent Provided
11/26/2018$324,999PriceChange
Agent Provided
10/25/2018$335,000PriceChange
Agent Provided
09/24/2018$349,888Listed For SaleAgent Provided
06/09/2015$2,800ListingRemovedAgent Provided
05/30/2015$2,800Listed For RentAgent Provided
06/09/2011$2,200ListingRemovedAgent Provided
05/29/2011$2,200PendingAgent Provided
05/27/2011$2,200PendingToActiveAgent Provided
05/26/2011$2,200PendingAgent Provided
05/22/2011$2,200PriceChange
Agent Provided
04/23/2011$389,000PriceChange
Agent Provided
04/19/2011$2,200Listed For SaleAgent Provided
06/15/2007$389,900Sold
MRED as distributed by MLS GRID #06350358

Market trends in Streeterville

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$498K
$39.58KMoM
Sale-to-List Price
97.6%
0.4%MoM
Price per sq ft
$392
$1MoM
Available listings
337
10MoM
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Property Tax and Assessment

Year2024
Tax$6,706
Assessment$357,690
Home facts updated by county records

Comparable Sales for 240 E Illinois St #502

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
512 N McClurg Ct #2112, Chicago, IL
0.12
Apartment
$295,000
01/26/26
1
1
920
230 E Ontario St #502, Chicago, IL
0.14
Apartment
$245,000
02/20/26
1
1
850
230 E Ontario St, Chicago, IL
0.14
Apartment
$185,000
02/09/26
1
1
875
233 E Erie St #1410, Chicago, IL
0.17
Apartment
$195,000
03/04/26
1
1
850
405 N Wabash Ave #4711, Chicago, IL
0.32
Apartment
$263,000
09/02/25
1
1
890
440 N Wabash Ave #4710, Chicago, IL
0.37
Apartment
$301,000
02/26/26
1
1
808
10 E Ontario St #3803, Chicago, IL
0.38
Apartment
$283,500
02/04/26
1
1
1,000
474 N Lake Shore Dr #2204, Chicago, IL
0.30
Apartment
$250,000
09/04/25
1
1
741
400 W Ontario St #P222, Chicago, IL
0.42
Apartment
$295,000
12/12/25
1
1
900
2 E Erie St #3614, Chicago, IL
0.42
Apartment
$310,000
06/30/26
1
1
800
Home facts updated by county records

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 240 E Illinois St #502.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Streeterville
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Streeterville

At least 382 Trulia users voted on each feature.

  • 90 % Say it's dog friendly

  • 88 % Say there are sidewalks

  • 85 % Say it's walkable to restaurants

  • 84 % Say it's walkable to grocery stores

  • 81 % Say streets are well-lit

  • 69 % Say people would walk alone at night

  • 62 % Say there's holiday spirit

  • 48 % Say it's quiet

  • 42 % Say kids play outside

  • 41 % Say neighbors are friendly

  • 39 % Say parking is easy

  • 39 % Say they plan to stay for at least 5 years

  • 35 % Say car is needed

  • 29 % Say there are community events

  • 28 % Say yards are well-kept

  • 24 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Schneckjoy
    "Streeterville is a quiet community between Michigan Ave and Lake Michigan. Shopping is easy and there’s a Whole Foods and Target for anything you need, as well as great restaurants. "
    0
    Flag
  • Michael Romano
    "Very dog, friendly and welcoming culture for our furry friends. There is also a wonderful dog park just a few minutes away."
    0
    Flag
  • Carol Sanders
    "I use busses for personal transportation and also use my own vehicle for work. Either way it is very easy and convenient to get around. I also walk for personal errands easily and conveniently. Everything you need is in walking distance and also it’s great just for a casual walk. Many parks, lakefront and riverwalk access make it a perfect location!! Best neighborhood in Chicago!"
    0
    Flag
  • Luis Jose Feliciano
    "Beautiful view of the port and the huge buildings. Everything is as a comfortable walking distance. "
    1
    Flag
  • Anil.atac
    "The neighborhood is in the heart of Chicago, walking distance from most attractions, restaurants and cafes. "
    1
    Flag
  • Trulia User
    "Streeterville has Excellent access to commute by bus and subway. Bus stations and stops are close by and do not require long-distance walking on foot."
    0
    Flag
  • Maxglobal45
    "It’s a safe environment ,schools , parks bike paths everything you would love in a neighborhood the VIEWS are priceless navy pier is walking distance "
    0
    Flag
  • Trulia User
    "Everything there is to know about what our children are doing all the time this way they will grow up with the same mindset when it's their time to raise their children, lead by example."
    0
    Flag
  • Trulia User
    "Life is good out here. People are nice. The city is so clean. Grocery stores everywhere. Everything can be delivered. "
    1
    Flag
  • Trulia User
    "The neighborhood is very busy and popular. There are many activities and places to visit to get to know the area. After awhile you just feel at home and welcomed."
    1
    Flag
  • Trulia User
    "easy it's easy I don't know I can't wait to move out of here it drives me absolutely insane. that's for damnbsure "
    0
    Flag
  • Trulia User
    "Great dog parks in the area with lots of friendly dog owners. Always an opportunity to stop and chat with fellow owners and meet new people."
    2
    Flag
  • Trulia User
    "Neighbors from the building regularly gather on the esplanade. In the summer, we have outdoor concerts, movies, etc. in addition to the beach and lake front path. "
    0
    Flag
  • Jeffrey D.
    "I've lived in this neighborhood for nine years. The access to the lake front, cultural activities, and restaurants can't be beat. "
    15
    Flag
  • Nalla.sowmitra
    "Love it! There’s a dog park near by and a ton of people come out there. Lots of pet friendly businesses as well"
    3
    Flag
  • Trulia User
    "It’s ok for early ages but not many place for kids to play outside. People do not clean up after their dogs and seldom respect each other. "
    6
    Flag
  • Jacki V.
    "Great neighborhood with great access to the lake, river, Navy Pier , lower wacker, shopping and amazing restaurants. "
    15
    Flag
  • Bill B.
    "Cabs. Ubers all around. Door staff in most high rises. Residents a mix of educated people who seem to care about others"
    1
    Flag
  • Rumi
    "We like living in this neighborhood as it is walking distance to other places in the city, close to Magnificent Mile, the shops, great restaurants and shopping. "
    0
    Flag
  • Ghomstad4
    "People walk their dogs all the time, lots of dog friendly buildings. However there are mostly high rises in the area so not a lot of parks for dogs. "
    2
    Flag
  • Marilyn L.
    "lots of other owners with dogs. and they are friendly. they walk and jog them most of day and some even do it at night. "
    2
    Flag
  • Gb.graceann
    "This neighborhood is quiet, by the lake ... but also very close to the shops and restaurants around Michigan Avenue. If you like convenience and don’t mind it feeling a bit like a business and tourist district, it’s a great place to live. "
    7
    Flag
  • Rclark
    "Good place to live. Great restaurants and bars. Good place to walk. Nice water views. Lots of dogs. "
    1
    Flag
  • Gb.graceann
    "Streeterville is a safe and convenient neighborhood with access to everything you would want and is quiet and close to the lake. "
    0
    Flag
  • bsvo742421
    "Has a suburban feel of sorts (with the lower level town homes) even though it is the heart of the city. Feel very safe on this area"
    3
    Flag
  • Davina T.
    "Not a ton of dogs to be seen when you’re closer to Michigan Ave, but a lot when you’re closer to the lake. Most owners pick up after their animals and are open to you petting them as well."
    1
    Flag
  • Quinncarlson
    "Not neighborly at all. Kinda touristy and annoying at times. Nice to be close to Michigan Ave and the lake, also the loop and public transportation. This is a lively neighborhood but very transient. Restaurants are decent. "
    5
    Flag
  • Robynreneclark
    "I have lived here for three years. There is great nightlife. Everything is close by and accessible. The building has great amenities and is well run."
    3
    Flag
  • Rclark
    "Lots of other dogs for the dogs to play with - plenty of places to walk your dog. I don’t have a dog so I am not familiar "
    0
    Flag
  • Rclark
    "I live here - it is a nice, hip and comfortable neighborhood. It is a popular place for downtown living. "
    3
    Flag
  • Rperez
    "City highrises but isolated with trees and parks. close to restaurants and shopping. Culture, lake and beach. "
    1
    Flag
  • Bblanchard6114
    "Pet friendly neighborhood, friendly people park and beach close by just pick up after your pet and it’s all good. You will pay extra for your dog in most apartments but that’s expected some people also have to use the back entrance or exit to take the dog out instead of the front which could be inconvenient sometimes "
    0
    Flag
  • Kristine K.
    "Great city vibe, but also in a very touristy area. Not as authentic neighborhood as hoped. Commute via bus or taxi, very convenient "
    0
    Flag

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Homes for sale near 240 E Illinois St #502

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Off Market Homes Near 240 E Illinois St #502

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